In his own reddit AskMeEverything page,
https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/He answers about cryptocurrency stating
“The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.”
He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities.
Thank you for the intresting topic to discuss. In my opinion, the biggest role in understanding Gates' words plays the person he was interviewed by. And it seems that his position expresses the global politics regarding crypto JUST FOR MASSES. Creepy terrorists are here as well
But of course Bill understands that the main feature of cryptocurrencies is decentralization, not anonimity. Everybody now understands very clear, that there cannot be any anonimity even in 'killed' Monero. So. I think his words are needed to make the wave of crypto not so wild and to calm it down - big money need fair prices if you know what I mean. Cheers
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